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shajandr

07/31/15 1:13 PM

#42929 RE: afarm #42927

And yet the bid was unmoved by the so-called "wash trading". How does one cause panic when the PPS is not changed by the alleged "wash trading" and the bid is also unaffected (if it is a wash trade).

So why would anyone see the bid eat up a million shares and nott move have cause to panic?

Quite the opposite. They would think there is a solid floor and that some bidder(s) is/are eating up as many shares as are being sold into the bid.

That is what is called a rock solid floor of bid support. It would cause no panic at all, quite the opposite.